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Author Topic: Saving Bitcoins for your Children.  (Read 23820 times)
Walastik
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December 21, 2017, 07:26:17 AM
 #1641

Bitcoin prices, in general, constantly getting higher and higher. The predictions are being optimistic, and people do not think it will go down anytime soon. People are investing in Bitcoin and leaving it aside, selling their whole properties and possessions to get into Bitcoin game. Would you save your Bitcoin for your children do you think it's not that secure as "real money" savings, real estate or similar things?
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December 21, 2017, 09:25:58 PM
 #1642

Like every other investment such as real estate, stocks and other forms of investment we know that you can invest in that kind of things and then you get something like say a Certificate or a Binding Document as a proof that you are part of that investment, now that of bitcoin all you have is just your address, your password, key and seeds as proof of the ownership of the wallet.

BTC

So now if one is considering buying bitcoins and saving for his/her children in the future is there any way to do that with bitcoins apart from having to write down your details somewhere. I'm asking because with that kind of stuff if no one knows your seeds or password no one can get the coins. Huh Huh Huh

I am just a teen ager a student and i have no plans of having any children for this moment of time but saving bitcoins for your childrens will be a great thing because you are thinking for the bright future for your kids and saving bitcoins is a great thing because the value of tour holdings can be worth up to million dollars if ever. But i do not think that i will do that yet because i am gonna save for my self first since i had no children. But i think my children will never gonna get in time that bitcoins is still successful i think there will be a new thing.
Even if you do not plan to have children right now the most likely option is that you are going to want children in the future so you can begin to save for them right now and if you are not sure at least you can begin to save for yourself that way when bitcoin skyrockets you will get great profits.



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December 21, 2017, 09:34:52 PM
 #1643

Great idea. Three weeks ago, my son was born and I will do it. I have to get ready to earn a BTC for him Smiley.

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December 21, 2017, 10:15:35 PM
 #1644

i will invest in property or gold than in bitcoin. because i dont know when bitcoin still exist.
in property or gold, every year the value will increase. and they have form.
in our country bitcoin not accepted and i dont it can be invest for long time or not. except the government give clarity of bitcoin
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December 21, 2017, 10:16:42 PM
 #1645

it's long time invest , it's a very nice idea to the youth to make a good investment and savings
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December 21, 2017, 10:31:38 PM
 #1646

Yea.U are very right.i think it a great idea too. Will plan to keep some for my kids. Smiley
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December 21, 2017, 10:41:04 PM
 #1647

Like every other investment such as real estate, stocks and other forms of investment we know that you can invest in that kind of things and then you get something like say a Certificate or a Binding Document as a proof that you are part of that investment, now that of bitcoin all you have is just your address, your password, key and seeds as proof of the ownership of the wallet.

BTC

So now if one is considering buying bitcoins and saving for his/her children in the future is there any way to do that with bitcoins apart from having to write down your details somewhere. I'm asking because with that kind of stuff if no one knows your seeds or password no one can get the coins. Huh Huh Huh
I think it's a good idea,every parents in the world want to have a great future for their children.
By keeping bitcoin,this could be a provision for their future
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December 21, 2017, 10:43:27 PM
 #1648

Like every other investment such as real estate, stocks and other forms of investment we know that you can invest in that kind of things and then you get something like say a Certificate or a Binding Document as a proof that you are part of that investment, now that of bitcoin all you have is just your address, your password, key and seeds as proof of the ownership of the wallet.

BTC

So now if one is considering buying bitcoins and saving for his/her children in the future is there any way to do that with bitcoins apart from having to write down your details somewhere. I'm asking because with that kind of stuff if no one knows your seeds or password no one can get the coins. Huh Huh Huh
yeah i agree with this opinion.like i do it now,im investment a lof of my money to bitcoin and hope i can I can prosper my family in the future.and for nowlittle result from my investment in bitcoin able to support my family now...
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December 21, 2017, 10:49:31 PM
 #1649

Great idea. Three weeks ago, my son was born and I will do it. I have to get ready to earn a BTC for him Smiley.
Haha, good luck! But I recommend you should create target for that Bitcoin amount. Saving Bitcoin is good, but it does not mean you will ignore the opportunity to sell Bitcoin at high price. Example 100,000 dollars or 1 million dollars for that amount, it is better.

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December 21, 2017, 10:50:29 PM
 #1650

At this moment I don't have any child, but I'm willing to let them learn about the crypto world one day, even if it dissapear.
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December 21, 2017, 10:57:58 PM
 #1651

Saving the bitcoin details in a last will sounds like a good idea. I suppose it would make it difficult to access if I wanted it for any reason, such as maybe diversifying in the future? I think some clear instructions would also need to be included on what my kids will need to do to use bitcoin. Even if they are not interested in it's use, then I guess the accountant/solicitor would be able to advise?
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December 21, 2017, 10:59:57 PM
 #1652

Like every other investment such as real estate, stocks and other forms of investment we know that you can invest in that kind of things and then you get something like say a Certificate or a Binding Document as a proof that you are part of that investment, now that of bitcoin all you have is just your address, your password, key and seeds as proof of the ownership of the wallet.

BTC

So now if one is considering buying bitcoins and saving for his/her children in the future is there any way to do that with bitcoins apart from having to write down your details somewhere. I'm asking because with that kind of stuff if no one knows your seeds or password no one can get the coins. Huh Huh Huh
Well that will be great if you try saving your bitcoins for your children because it will be helpful for their studies when they grow up and you could buy the things that they wanted. You could really save a lot of my from your investment but you should think a good investment and saving strategy for the futurepf your children.


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Olena9797
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December 21, 2017, 11:07:06 PM
 #1653

Haha soon everybody will ask for birthday or new year no presents but to transfer bitcoin on the wallet Grin Grin Grin But yes, its good investing. Until ur kids become grown, the price will go to the moon

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December 21, 2017, 11:15:48 PM
 #1654

I made a paper wallet for my son and I deposit a smaller amount of Bitcoins there every month. I kept it in a secret place that only me and another person knows.

Well this was a great thing to do until there is bitcoin. Since a lot of us here is entering the bitcoin world just to have part time source of income therefore with your income you must save for your future. Saving actually works when you really love to save for your family.

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December 21, 2017, 11:20:45 PM
 #1655

I'd like to invest bitcoins for them but not that much, I will invest what I can afford to lose because bitcoins is just a digital currency, who knows what will happen in the future.

When bitcoins is still exist or not..
Who knows bitcoins price after 10 to 20 years at least I've still try to invest for them in bitcoins.
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December 21, 2017, 11:22:13 PM
 #1656

Saving bitcoin for your children is good and that help to them for their future incase that you become death or gone. But here's the thing even you save bitcoin for your children if the bitcoin die your safe become useless. Better if you save only some bitcoin and other money will be in the bank to make sure ts safe for any losing and your money will stable and will not decrease.

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sampalokmix
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December 21, 2017, 11:26:50 PM
 #1657

Like every other investment such as real estate, stocks and other forms of investment we know that you can invest in that kind of things and then you get something like say a Certificate or a Binding Document as a proof that you are part of that investment, now that of bitcoin all you have is just your address, your password, key and seeds as proof of the ownership of the wallet.

BTC

So now if one is considering buying bitcoins and saving for his/her children in the future is there any way to do that with bitcoins apart from having to write down your details somewhere. I'm asking because with that kind of stuff if no one knows your seeds or password no one can get the coins. Huh Huh Huh
Well, that was really possible making an investment or savings for the future of your children. What the main problem in it will be the price rate if it will continue to pump or it will be a useless saving in the future. But, I do hope that it will go out in the positive manner. As bitcoin continues to make a way raising its price in the market, making a saving wiith it will be beneficial specially talking about the future sake wherein the price might grow up into a larger one.

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December 21, 2017, 11:35:29 PM
 #1658

Like every other investment such as real estate, stocks and other forms of investment we know that you can invest in that kind of things and then you get something like say a Certificate or a Binding Document as a proof that you are part of that investment, now that of bitcoin all you have is just your address, your password, key and seeds as proof of the ownership of the wallet.

BTC

So now if one is considering buying bitcoins and saving for his/her children in the future is there any way to do that with bitcoins apart from having to write down your details somewhere. I'm asking because with that kind of stuff if no one knows your seeds or password no one can get the coins. Huh Huh Huh
i still do not have children,but saving bitcoin for me is good,because i have my parents and my brothers to help them for there needs.i want to earn a lot of bitcoin for us,for our future...

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December 21, 2017, 11:47:27 PM
 #1659

Who are want to open or deposit their fund for their children for future they should invest in bitcoin for long term suitable investment.

C
Finally C is!!!
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December 21, 2017, 11:48:09 PM
Last edit: December 22, 2017, 11:28:25 PM by ivanst776
 #1660

Saving the bitcoin details in a last will sounds like a good idea. I suppose it would make it difficult to access if I wanted it for any reason, such as maybe diversifying in the future? I think some clear instructions would also need to be included on what my kids will need to do to use bitcoin. Even if they are not interested in it's use, then I guess the accountant/solicitor would be able to advise?

With the current trend of crypto's I would say that a single bitcoin would be enough for the future, when I say this I mean in a very long term (10-20 years from now) and I believe that bitcoin will have a much higher value that it has now, it has a great potential, and we hope that new "updates" will be in the bitcoin and blockchain so it would be easier to use for everyone in the world.
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